BlueIT Development: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BlueIT Development
Largest movements
- Cash -€245,417
down €245,417 (-55.7%), from €440,571 to €195,154
mainly Contributions, distributions and other (-€185,000) and Other debts (-€111,300)
- Receivables within one year +€100,287
up €100,287 (+31.1%), from €322,706 to €422,993
of which Other amounts receivable: +€89,585
- Tangible fixed assets +€14,685
up €14,685 (+715.3%), from €2,053 to €16,738
of which Furniture and vehicles: +€15,249
- Other debts -€111,300
down €111,300 (-27.4%), from €405,653 to €294,353
- Tax, wage and social debts -€29,766
down €29,766 (-25.3%), from €117,626 to €87,860
of which Taxes: -€38,832
- Trade debts +€19,248
up €19,248 (+17.2%), from €111,978 to €131,226
- Debts after one year -€14,696
down €14,696 (-59.8%), from €24,594 to €9,898
- Reserves +€8,533
up €8,533 (+9.5%), from €89,702 to €98,235
- Staff costs +€104,207
up €104,207 (+24.5%), from €424,596 to €528,804
- Gross operating margin -€61,424
down €61,424 (-7.4%), from €826,797 to €765,374
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €766,605 | €636,267 | -€130,338 | -17.0% |
| Fixed assets | 21/28 | €2,053 | €16,738 | +€14,685 | +715.3% |
| Tangible fixed assets | 22/27 | €2,053 | €16,738 | +€14,685 | +715.3% |
| Plant, machinery and equipment | 23 | €2,053 | €1,490 | -€563 | -27.4% |
| Furniture and vehicles | 24 | - | €15,249 | +€15,249 | |
| Current assets | 29/58 | €764,552 | €619,529 | -€145,023 | -19.0% |
| Amounts receivable within one year | 40/41 | €322,706 | €422,993 | +€100,287 | +31.1% |
| Trade receivables | 40 | €302,587 | €313,289 | +€10,702 | +3.5% |
| Other amounts receivable | 41 | €20,119 | €109,704 | +€89,585 | +445.3% |
| Cash at bank and in hand | 54/58 | €440,571 | €195,154 | -€245,417 | -55.7% |
| Deferred charges and accrued income | 490/1 | €1,275 | €1,382 | +€107 | +8.4% |
| Total equity and liabilities | 10/49 | €766,605 | €636,267 | -€130,338 | -17.0% |
| Equity | 10/15 | €89,702 | €98,235 | +€8,533 | +9.5% |
| Reserves | 13 | €89,702 | €98,235 | +€8,533 | +9.5% |
| Distributable reserves | 133 | €89,702 | €98,235 | +€8,533 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €676,903 | €538,032 | -€138,871 | -20.5% |
| Amounts payable after more than one year | 17 | €24,594 | €9,898 | -€14,696 | -59.8% |
| Financial debts | 170/4 | €24,594 | €9,898 | -€14,696 | -59.8% |
| Amounts payable within one year | 42/48 | €652,309 | €528,134 | -€124,175 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €17,052 | €14,696 | -€2,356 | -13.8% |
| Trade debts | 44 | €111,978 | €131,226 | +€19,248 | +17.2% |
| Suppliers | 440/4 | €111,978 | €131,226 | +€19,248 | +17.2% |
| Taxes, remuneration and social security | 45 | €117,626 | €87,860 | -€29,766 | -25.3% |
| Taxes | 450/3 | €50,539 | €11,707 | -€38,832 | -76.8% |
| Remuneration and social security | 454/9 | €67,088 | €76,153 | +€9,065 | +13.5% |
| Other amounts payable | 47/48 | €405,653 | €294,353 | -€111,300 | -27.4% |
| Remuneration, social security and pensions | 62 | €424,596 | €528,804 | +€104,207 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €7,285 | +€6,620 | +995.1% |
| Other operating charges | 640/8 | €590 | €662 | +€72 | +12.2% |
| Gross operating margin | 9900 | €826,797 | €765,374 | -€61,424 | -7.4% |
| Operating profit (loss) | 9901 | €400,945 | €228,623 | -€172,323 | -43.0% |
| Financial income | 75/76B | €0 | €2,838 | +€2,838 | +2838290.0% |
| Recurring financial income | 75 | €0 | €2,838 | +€2,838 | +2838290.0% |
| Financial charges | 65/66B | €19,041 | €26,021 | +€6,980 | +36.7% |
| Recurring financial charges | 65 | €19,041 | €26,021 | +€6,980 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €381,904 | €205,440 | -€176,464 | -46.2% |
| Income taxes | 67/77 | €8,183 | €11,907 | +€3,724 | +45.5% |
| Profit (loss) for the period | 9904 | €373,721 | €193,533 | -€180,188 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €373,721 | €193,533 | -€180,188 | -48.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.